FREED (A Charity: Charity Number 1090776) Accounts For the year ended 31 August 2024
FREED Charity Information Trustees S Linacre W Ingleton R K Ryder B Youens M Riley Z Burnett Chairman Vice Chairman Treasurer appointed 1511112024 appointed 1511112024 Corespondence Address FREED Beeches 39 Park Street Worksop Nottinghamshlre S80 1HW Charity No. 1090776 Accountants JBD Slaney Accountants & Business Advisors Portland House 3 Queen Street Worksop S80 2AW
FREED Report and accounts Contents Page Trustees, Annual Report Independent Examiners Report Statemellt of Financial Activities 1 to4 Balance Sheet Notes to the financial statements 8t013
FREED Reglstered charlty number: 1090776 Trustees, Report Principl6 Office FREED Beeches. 39, Park Street, Worksop, Notts. S80 1 HW Governing Document The Charity is governed under the rules of its constitution adopted 6th November 2001, amended 22nd June 2018 Objects of the Charity The principal objects of the Charity are the relief of Éhose suffering from eating disorders in the County of Nottinghamshire and sumunding areas,. the preservation and protection of the physical and mental health of the families of sufferers of eating disorders and the education of the public and professionals about eating disorders. Trustees S Linacre W Ingleton K Round R K Ryder B Youens Chairman Vice Chairman Treasurer Independent Examiner Anne Webb FMAAT. 85 Devonshire Street, Worksop Solicitors Jones & Co. Solicitors, Cannon Square, Retford. Notts Structure, Governance and Management Each year four trustees drop from the management committee and nomination forms are made available before the AGM for election of new trustees. At the AGM a vote is taken to appoint newlre-elected trustees. The executives retire at the third AGM following their election. New Trustees are given a handout relating to the responsibilities of a trustee and also the Charities Commission Website for further information. www.charity-commission.gov.uk
FREED Registerad charity number: 1090776 Trusteés, R•port Roview of activities and acheivements during the year FREED Services FREED Beeches Eating Disorders Service has provided Psychotherapy, Counselling, Guided Self-Help, Dietetic advice, library facility, schools facility, and talksltraining for professionals. The Schools. programme Sami continues to volunteer time to reseaching, preparing information and writing the online resouces we now have available for students. teachers and parents online. FREED has always believed in education, prevention and early intervention. The feedback from schools has always been very good and continues to be. Partnership work FREED continues to work closely with statutory adult eating disorder services {eg, Nottingham Adult Eating Disorders Service and Derbyshire Eating Disorders Service, along with other community based services). FREED also continues working closely with Child and Adolescent Mentsl Health Services for Nottinghamshire County and Derbyshire. Joanne Ormiston FREED'S Administration Manager & Funding Officer continuesto meet with Adult services on a regular basis along with other networking meetings, collaboration meetings and steering groups. Steering and Planning Groups Joanne continues to attend a number of steering and planning groups for Ihe continued improvement of Eating Disorder provisions nationally. These include but not limited to the steering group and planning group for ARFID provisions in Derbyshire and the All Age Steering Group for Nottingham. Joanne also attends monthly meetings wth the Bassetlaw MH Alliance, Bassetlaw CYP MH Alliance, AED COP, CYP ED Pathway Group (Derbyshire) and the National All Age- ARFID Group. IT development We have continued to use the PCMIS database system which is working well. This is renewed in September on an annual basis.
FREED Registered charity number: 1090776 Trustees. Report TraininglPersonal development FREED continues to encourage continuing professional development (CPD). During the period of September 2023 to August 2024 we have contiued to source free training as well as funding relevant CPD events attended include: Caroline - BABCP conferen Louise - Self Harm Caroline - London Conferen Joanne - London Conference Logan - London Conferen Louise - London Conference Caroline - CBTIE Logan - CBTIE Louise - CBTIE Louise - Dietetics in ED'S Keeping ahead of the game FREED has always believed in the importance of keeping up to date with treatment methods. Our continued attendance at conferences enables staff and Trustees to listen to research ideas and outcomes. By attending workshops in different approaches allows us to network and discuss eating disorders with other professionals. Carer support FREED'S inclusion to offer carer support at the assessment, continues. We continue to look at alternative ways to incorporate carer support within FREED. One of FREED'S priorities moving into the next period is re-developing the support offered to those people supporting those with eating disorders.
FREED Registered charity number: 1090776 Trustees. Report Research Jamie Delgadillo an eminent academic continues to assist Caroline Bell with producing possible research opportunities from FREEDS data through evaluation and analysis. They continue to look for themes and research questions to collaborate an academic paper. We have continued interest to be involved with the research at FREED. FREED is continuing to look at potential research opportunities for the presentation of ARFID. FREED Trustees believe that research is essential for progress in the treatment of eating disorders. Funding FREED'S funding comes via Nottinghamshire ICB until March 2025. The contracts runs on a 12 month basis with a 1 month notice period. Due to a 2 year funding contract with the National Lottery which began in April 2023 we have been able to a wider geographical area. This contract continues until the end of March 2025. The economic climate has meant that charities are finding it more difficult to get funding. We continue to have regular Servi reviews with the ICB commissioning managers. Joanne Ormiston continues to dedicate time to funding and grants to secure funding outside of the NHS. Joanne tsrgets funding that is unrestricted so any monies received can cover the service as a whole Funding secured Nottinghamshire ICB National Lottery Reserve Policy A minimum of 3 months and a maximum of 1 year's running costs. Ideally 10 to 12 months. Having NHS funding as the majority funders was always the plan, it means FREED would be in a vulnerable position should ICBIICS policies change. The 10 to 12 months reserves would allow 6-7 months to either obtain new funding andlor for service users to work towards closure with their therapists, redundancy payments for staff and rent to honour our lease agreement and any contractual obligations. The present reserves level stands at approx 3-4 months. Review of Major Risks The Trustees and management are aware that the health service is constantly undergoing change. It is therefore extremely important to maintain our high standard and reputation to ensure their support. Joanne will continue to explore every avenue regarding funding in addition to the NHS, as we have always believed that it is important to maintain our autonomy. As responsible employers it is important to have reasonable reserves, however when applying for funding this can sometimes be unhelpful. FREED would like to thank. service users. carers, staff, trustees for their continued hard work. I declare in my capacity of charity Trustee. that the Trustees have approved the report above and have authorised me to sign it on their behalf. Signed R K Ryder (Treasurer) Date 1210612025
Independent Examiner's report to the Trustees of FREED I report to the trustees on my examination of the accounts of Freed (the Trust) for the year ended 31 st August 2024, which are set out on pages 1 to 12. Responsibilities and basis of roport As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act") I report in respect of my examination of the Trutees, accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the 2011 Act. Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material repect: {1) accounting records were not kept in reSpt of the Trust as required by section 130 of the Act,- or (2) the accounts do not accord with those records. or (3) the accounts do not comply with the applicable requirements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than the accounts give a 'lrue and fair view" which is not a matter considered as part of an independent examination. I have no COnrnS and have come across no other matters in connection with the examination to which attention should be drdwn in this report in order to enable a proper understanding of the accounts to be reached. Anne, Webb FMAAT 85 Devonshire Street Worksop Notts S801NA
FREED Statement of Financlal Activities for the year ended 31 August 2024 NOTES Unrestricted Restricted Totsl Funds Total Funds Funds Funds 2024 2024 2024 2023 Incomlng Resources Incoming resources from generated funds Voluntsry Income 2{a} 467 467 60 Income from activities in furtherance of charitable objects Income from activilies for generating funds 2(b) 232,659 232,659 196.561 Investment Income 5.639 5,639 3.844 Total Incoming resources 238,765 238,765 200,465 Resources Expended Cost of generatlng funds 4(b) Charitable aclivities for charitable objectives 4 (b) Governance costs 4(b) 230.665 3.695 230.665 3.695 219.680 3.600 Totsl resources expended 234.360 234.360 223.280 Net incoming resources 4.405 4.405 {22.815) 4,405 4,405 (22.815) Reconciliation of funds Total Funds brought forward 183.634 183,634 206.449 Total funds carriod forward 188,039 188.039 183,634 the notes on pages 9 to 13 fom an integral part of these financial slatements.
FREED Balance Sheet as at 31 August 2024 Total Total Unrestricted Restricted Notes funds funds 2024 2023 Fixed assets Tangible assets 178 178 397 Current assets Debtors Cash at bank and in hand 31,856 161,847 31.856 161.847 3,438 201.661 Creditors: amounts falling due within one year 10 (5.842) (5.842) (21,862) Net current assets 187,861 187,861 183,237 Net assets 12 188,039 188.039 183,634 Unrestricted Funds Restricted Funds 13 188,039 188,039 183,634 188,039 188,039 183,634 These financial statements were approved by the trustees and authorised for issue on 1210612025 and are signed on their behalf by R K Ryder Trustee and Treasurer The notes on pages 10 to 14 form an integral part of theses financial statements.
FREED Notes to the Account8 for the year ended 31 August 2024 1 Accountlng polici88 The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout tha year. (a)Basls of Accounting The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have ba8n prepared in accordance with the Statement of Recommended Practlce: Accounting and Reporting by Charitiès preparing their accounts in accordance th the Financlal Reporting Standard applicable in the UK and Rapublic of Ireland (FRS 1021 issued on 16th July 2014 and the Charities Act 2011. FREED constitutes a public benèfit entity as defined by FRS 102. The trustees consider that there are no material uncertainties about FREED'S ability to continue as a going concem. {b) Reconclllatlon wlth previous Generally Acceptsd Accounting Practice In preparing the accounts the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP FRS 102 a restatement of comparative items was needed. No restatements were raquirad. Fund Accountlng Restricted funds ar8 funds which are lo be used in accordance with speclfic restrictions imposed by the donor or trust deed. There are currently on8 restricted fund, as set out in note 11. Unrestrfcted Income funds comprise thos8 funds which the trustees are fr8e to use for any purpose in furtharance of the charitsble objects. Unrestricted funds can include designated funds where the trustees, at their dlscretion, have cr8at6d a fund for a specific purpose. Further details of restricted funds are disclosed in notes 11 and 12. Incomlng Resources Donations, legacies and similar incoming resources These are included in th8 Statement of Financial Activities {SOFAI vthen: the charity becomes entitled to the donation, legacy or similar income and any conditions for receipt are met., the trustees are reasonably Certain they will receive it., and the trustees are reasonably certain that th8 value can be reliably measured. Investment income is included when recelvable. Incoming reSoUrS from charitsble trading activity are accounted for whan earned. Gifts in kind Gifts in kind are valued by the truste6s at the lower of the estimated cost to the third party and the value to the charity. Grants receivable Grants receivable are included in the Ststement of Financial Activities in the period to which they relate unless the recaipt is d8pendent upon preconditions which cannot be or have not been met at the year end.
FREED Notes to the Accounts forthe year ended 31 August 2024 Volunteer The value of any voluntary help received is not included in the accounts but is described in the trusteas, report. Investment Income This and any associated tax credits are included in the accounts when receivable. Expenditure and Liabilities LiabS1it Reco nStion resources ex ended Generally liabilities a recognised as soon as there is a legal or conslructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Allocation of overhead and su ort costs Overhead and support costs have been allocated first betsY8en charitsble activity and gov8mance. Overhead and support costs relaling to Charitsble Activities have been sub-apportioned, b8tween restricted and unrestricted activities. Charitable activities Costs of Charitsble Activities, include grants made, the costs of runnlng the Beeches project and support osts. Govemance costs Govemance costs comprise all separately identifiable costs involving the public accountability of the charity and its compliance wth regulation and good practlce. These costs include costs relating to statutory audit, accounts compilation under SORP FRS 102 and associated costs. Fixed Assets Tangible fixed assets are ststed at cost less accumulated depreciation. Depreciation is calculated so as to write off the cost of an asset over the usefvl economic life of the asset as follows.. Leasehold improvements Fixiures & fittings offi and computer equipment The carying value of tangible fixed assets are reviewed for impaiment in periods if events or changes in ircumstances indicate the carrying value may not be recoverable. 33.3°/D Straight line basis 33.3°/D Straight line basis 33.3 /0 Straight line basis Leasing Rentsls applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are included in resources expended as incurred. Pensions Employees of the charity are entitled to joln a defined contribution "money purchase" scheme. The charity contribution is restrlcted to the contributions disclosed in note 6. There were no outstsnding contributions at the year end.
FREED Notes to the Accounts for tha year ended 31 August 2024 2 Incoming Resources Unrestricted Restricted 2024 2023 (a) Voluntary income Donations 467 467 60 (b) Incoming resources from activities to further the charity's objects NHS Clinical Commissioning Groups The National Lottery Community Fund 75,059 157,600 232.659 75,059 157,600 232,659 117,761 78.800 196.561 3 Allocation of Support costs and overheads All of the support costs in the year have been allocated to charitsble activities. The proportion of support costs relating to govem8nce is considered to be insignificant and therefore no transfer has been made between support wsts and govemance. 4 Resources Expended Basis of Voluntary Beeches Allocatlon Income project Govemance 2024 2023 Costs directly allocat8d to activities Lotteries licence Direct Payroll costs Direct Supervision Dlrect Recuritment costs Direct Staff training costs Direct Rent & rates Direct Sraff travel costs Direct Car parking Direct Propety maintenancè Direct Cleaning Direct Light & Heat Direct Centre Consumables Direct Centre miscellaneous expenses Direct Insurance Direct Telephone Direct Computer costs Direct Database Direct Sothre Licences Direct Equipment leasing Direct Depreciation Direct Accountancy fees Direct Professional fees Direct Bank Charges Diract Printlng, postage & 8tationei Direct Subsciptions Direct Volunteers expenses Direct 190,295 905 190,295 166,578 905 1,795 107 45 9,769 1,680 10.039 824 1,680 10,039 824 580 857 4.496 6,421 974 974 3.239 3,239 887 3.236 3,861 2,025 7,980 691 2,972 2,9 1,292 6.950 3,236 3,861 2.025 7,980 1,546 219 1.546 219 3,695 35 152 2,528 240 2,102 268 3,600 9,511 156 2,181 3,695 35 152 2,528 240 230.665 3,695 234,360 223,280
FREED Notes to the Accounts for the year ended 31 August 2024 5 Net Outgolng Resources for the year 2024 2023 This is stated after charging.. Depreciation Property rent Exceptional costs 219 9.000 9.000 16.976 The exceptional costs relate to a payment to settle a staff dispute and include the related legal costs. 6 Staff costs and numbers 2024 2023 Salaries and wages Social security costs other pension costs 168,449 163,532 15,489 (2,0251 6,357 5,071 190,295 166,578 no employea rac8iv8d emoluments of mor8 than £60.000 2024 2023 The averaga number of employees during the year, calculated on the basis of full time equivalents was as follows: No. 2024 No. 2023 Number of employees to whom beneffts accrued under money purchase pension schemes. 7 Trustee remuneration and related parties No members of the management committee received any remuneration during the year. 2024 No. 2023 No. Number of TTUSte8s who were paid éxpenses Mileage Telephone, postage and stationgry reimbursed Total amount paid
FREED Notes to the Accounts for the yaar ended 31 August 2024 8 Tangible fixéd assets Leasehold improveme Office & Computer Equipment Fixtures & Fittings Totsl Cost At 1 September 2023 Additions At 31 August 2024 Deprecjation At 1 September 2023 Charge for the year At 31 August 2024 Net b(K>k value At 31 August 2024 At 31 August 2023 15.348 15.034 12,437 42.819 15,348 15,034 12,437 42,819 15.348 15,034 12,040 219 12,259 42,422 219 42,641 15,348 15,034 178 397 178 397 9 Debtors 2024 2023 Trade debtors Other debtors and prepayments 31,680 176 31,856 3,438 3,438 10 Creditors: amounts falling due within one year 2024 2023 Other Creditors Accruals and deferred income 33 5,809 5,842 88 21.774 21,862
FREED Notes to the Accounts for the year ended 31 August 2024 11 Analysis of charltable funds Unrestricted Restricted total Movement in the year Incoming Resources Expenditure Net Movement 238,765 234,360 4,405 238.765 234,360 4,405 Opening balance Closing balan 183,634 188,039 183 634 188,039 Represented by:" Fixed Assets Nat Currènt assats 178 187,861 188,039 178 187.861 188.039 12 Otherfinancial commitments 2024 2023 At the year end the company had annual commitments under non-cancellable operating leases as set out below. Operating leases which expire: wthin one year thin I0 to five years 9,000 9,000